NETHERLANDS : The boxes began their World Tour on March 11, 2021, at various regions in Asia and Europe along the way, intending to finish in Denmark for Copenhagen Pride 2021. The 40- and
KOLKATA : Container ship ‘Kota Rajin’, which ran aground at the Syama Prasad Mookherjee Port, Kolkata (former Kolkata Port Trust), was refloated on Sunday. According to Vinit Kumar, Chairman, Syama Prasad Mookherjee Port, Kolkata,
GREECE : Four-year-plus charter deals are becoming the norm as shipowners ratchet up the pressure on liner companies. As their confidence of the sustainability of currently elevated freight rates grows, ocean carriers are committing
HAMBURG : Three of the largest container lines in the world have announced a substantial number of rate increases to be implemented later in May and in early in June. One of the lines,
YOKOHAMA : The Japanese port of Yokohama has been crowned as the world’s most efficient box facility in a new study launched by the World Bank and data firm IHS Markit. Asian container ports
The Baltic Dry Index or BDI, London-based Baltic Alternate’s foremost sea freight index that tracks charges to ship dry bulk commodities, rose essentially the most in over ten years on Wednesday lifting the spirits
A huge surge in containership newbuild orders could act to shorten the current market boom for the sector, analyst Drewry warns. LONDON : Container shipping is enjoying a boom brought about by soaring demand
MUMBAI : APM Terminals Pipavav on Tuesday said it has secured China-India Express (CII) service operated by OOCL and COSCO.While Orient Overseas Container Line (OOCL) is a Honk Kong-headquartered container shipping and logistics services
HAIFA : Haifa-based container liner shipping company ZIM has established a new joint venture company called ZIMARK. The other partner in this new business is the Israeli start-up Sodyo which brings to ZIMARK the
Special Secretary (Logistics) Pawan Agarwal said one of the “serious” issues that the country is facing in creating an ecosystem for container manufacturing is availability and costing of special steel used to make those